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Former IMF head on trial over bankers’ luxury sprees

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Former IMF chief Rodrigo Rato stands trial on Monday accused of overseeing a “corrupt system” that helped him and other executives misuse funds on hotels, parties and luxury shopping when he was a Spanish bank boss. Uncovered in 2013 by a journalist who saw a hacked email alluding to “black…

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Click here to read the full story: The Guardian

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